ULTRA LITHIUM INC. — TSX.V-ULT
Ultra Lithium Inc. ULT
  • Home
  • About
    • Overview
    • Directors
    • Management
    • Corporate Responsibility
    • Corporate Information
    • Disclaimer
  • Lithium
    • Overview of Projects
    • Laguna Verde Brine Lithium Property
      • Laguna Verde Brine Photos
      • Laguna Verde Brine Maps
    • Georgia Lake Lithium Pegmatites
      • Georgia Lake Lithium Photos
    • Forgan Lake Lithium Pegmatites
    • South Big Smoky Valley Project
    • Lithium Uses
  • Gold
    • Gold Projects
    • Assay Results
    • Gold Project Photos
  • Investors
    • Stock Quote
    • Investor Presentation
    • Regulatory Filings
    • Investor Contact
  • News
    • News Releases
    • Media Contact
    • Media Resources
  • Contact
    • Contact Information
    • Investor Email Signup
  • Menu Menu
  • Twitter
  • Facebook
  • LinkedIn
  • Youtube
Blog - Latest News
Geely

Geely Launches Premium EV Brand in China

April 19, 2019/in In the News/by Gray Leigh

“Geometry” Brand Launched by Chinese Auto Juggernaut Geely

China is serious about electric vehicles. Consequently, it’s the global leader in EV adoption. However, the Chinese government’s interest in clean energy has affected global automakers. As a result, brands like Geely are forced to develop robust electric car fleets.

READ: Chinese Property Developer Enters EV Space

A primary investor in Volvo, Geely has announced its Geometry series. Evidently, the series is designed to challenge the Tesla Model 3. The American automaker has experienced immense global success.

Ultimately, Tesla has dominated the Chinese market. Particularly, Elon Musk & Co. have enjoyed immense success in the luxury EV space.

Geely Targets Singapore

GeelyHowever, brands like Geely threaten Tesla’s market dominance. Nevertheless, the Geometry series won’t be targeted at the Chinese market.

Instead, Geely looks to Singapore. In a statement announcing the Geometry series, it admitted the city-state will be its primary target. After all, Singapore is a haven for high-earners. Geely’s Geometry fleet doesn’t come cheap.

The Geometry A is the automaker’s first entry into the electric space. Evidently, there is serious interest among consumers. Geely has announced they’ve already received more than 26,000 orders.

Chinese EV Industry Grows Despite Sluggish Economy

GeelyThis success is despite a trade war with the United States. Additionally, cautious consumers and sluggish economic growth plague Chinese producers.

However, automakers will spend over $300 billion on EV tech over the next 5 to 10 years. Moreover, China is the investment’s primary target.

Ultimately, Geely’s success is good news for clean energy advocates.

Let’s hope the Geometry series sparks enough competition to encourage serious innovation.

Related Articles

Belt and Road Lithium Mining

EV Adoption Influenced by Social Groups

BYD Gigafactory Boosts Chinese EV Industry

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
You might also like
Colorado Ultra Lithium Inc. Provides Exploration Update on Balkans Properties in Serbia
EV Record EV Record: Man Travels 33 Countries
Fake EV News Fake EV News Campaign Plagues Australia
New lithium battery New Lithium Battery: 300km in 10 Minutes
Ultra Lithium Inc. Closes Final Tranche of C$5 Million Private Placement Including C$4.14 Million Strategic Investment by Zangge Mining
gold price Gold Price Hits 6-Year High
Colorado Ultra Lithium Sampled Up to 1270 PPM Lithium at Salar Laguna Verde in Catamarca, Argentina
Colorado Colorado Decarbonizes with Electric Vehicles

LATEST NEWS

  • Ultra Lithium Cuts 1.81 Percent Lithium Oxide Over 10 Meters in Channel Samples at the Forgan Lake Lithium Property Northwestern OntarioMarch 3, 2023 - 10:16 am
  • Ultra Lithium Invites Shareholders and Investment Community to Visit Booth #2353 at PDAC 2023 Toronto, March 5-8, 2023March 2, 2023 - 6:00 am
  • Ultra Lithium Assays Up To 417 PPM Lithium in Drill Hole at the Laguna Verde Brine Lithium Project in ArgentinaFebruary 28, 2023 - 4:30 am
  • Ultra Lithium Intersects 2.68 Percent Lithium Oxide at The Forgan Lake Lithium Property in Northern Ontario, CanadaFebruary 8, 2023 - 5:00 am
  • Ultra Lithium Responds to Government of Canada Critical Minerals AnnouncementNovember 4, 2022 - 4:30 am

ABOUT

Overview
Management
Directors
Corporate Responsibility
Corporate Information
Disclaimer

 

LITHIUM

Overview of Projects
Laguna Verde Brine Lithium Property
– Laguna Verde Brine Photos
– Laguna Verde Brine Maps
Georgia Lake Lithium Pagmatites
– Georgia Lake Lithium Photos
Forgan Lake Lithium Pagmatites
South Big Smoky Valley Project

Lithium Uses

GOLD

Gold Projects
Assay Results
Gold Project Photos

INVESTORS

Stock Quote
Investor Presentation
Regulatory Filings
Investor Contact

NEWS

News Releases
Media Contact
Media Resources

CONTACT

Contact Information
Investor Email Signup 

CONTACT INFORMATION
Ultra Resources Inc.
1120 – 789 West Pender St.
Vancouver BC V6C 1H2
Canada

Kiki Smith, CPA, CGA
Chief Financial Officer
E: [email address protected by javascript]
T: +1-778-968-1176

Afzaal Pirzada, M.Sc.(Geo), P.Geo.
Vice President, Exploration
E: [email address protected by javascript]
T: +1-778-558-4940

Branding and Design:
NextPhase Strategy Marketing Inc.

BC Zero Emission Vehicles Act TabledBC Zero Emissionfastest growth phaseFastest Growth Phase: Electric Car Use Increases
Scroll to top